Marst Corporation's budgeted production in units and budgeted raw materials purchases over the next three months are given below Budgeted production (in units) Budgeted raw materials purchases (in pounds) January 71,000 198,321 February ? 166,600 March 85,000 163,800 Three pounds of raw materials are required to produce one unit of product. The company wants raw materials on hand at the end of each month equal to 21% of the following month's production needs. The company is expected to have 44,730 pounds of raw materials on hand on January 1 Budgeted production for February should be 112,850 units 85.600 units 85.000 units 47,700 units